MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Wasabi to create a storage center in space

Wasabi to create a storage center in space

A Boston based company called Wasabi is teaming up with a Californian based company to create a link of space-based storage system called “Spacebelt”, an earth-orbiting data center that’ll be able to store thousands of terabytes of information.

Spacebelt will be targeted at big corporations who will need access to big volumes of their data almost instantly and will also need their data to be absolutely safe and secured.

“It’s super, super secure. To knock this thing out, you’d have to launch a bunch of satellite-killers.” Wasabi cofounder David Friend said.

Spacebelt will be engineered and maintained by Cloud Constellation Corp, a California based Start-up Company run by satellite and telecoms veterans. Wasabi estimates to start launching its satellites by 2019.

Cloud Constellation has signed a contract with Richard Branson’s Virgin Group, which is developing LauncherOne, a rocket that will be launched from underneath the wing of a Boeing 747 while in flight.

Wasabi will build Spacebelt’s ground-based data-storage vaults, which will wirelessly connect to Spacebelt’s storage network in space.

Wasabi promises to offer a speed that is six times faster than the speed of the earth-based cloud storage systems, and all this at a cost of 1/5th of the existing storage services.  According to Friend, about 1400 customers have already signed up for this service along with 4000 others who are testing the service.

When Spacebelt comes alive, it will definitively revolutionize the way how we connect, and the speed with which we connect to the internet.

 

YOU MAY ALSO LIKE

Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...

RECOMMENDED